Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is chief executive of the CBI, the employers’ organisationAs the spectre of protectionism casts its shadow over the world economy, now is a moment to leave old arguments behind. Instead, we should take action. Leaders are currently preparing for the EU-UK summit next week. Markus Beyrer, director-general at BusinessEurope, and I, bolstered by the strength of the 25mn businesses we speak for across Europe, call on them to choose prosperity over politics. This is the first time that the CBI,…
A historic number of Baby Boomers are turning 65 this year, a phenomenon dubbed Peak 65, putting retirement readiness in the spotlight. While they face unique challenges, such as rising healthcare costs and longevity risk, these issues also serve as a cautionary tale for millennials. Millennials have the advantage of time, but if they don’t optimize their strategies now, they could face similar hurdles down the road. As a millennial finance expert, I often tell my peers that small, consistent actions taken today can significantly impact our future retirement security. Key Takeaways Longevity is rising, placing increasing demands on retirement…
Hub71, Abu Dhabi’s global tech ecosystem, named 27 startups as part of Cohort 16 across Hub71’s three programmes – Access, Hub71+, ClimateTech and Hub71+ Digital Assets. This new addition increases the total number of ventures supported by Hub71 to 357. The latest cohort includes startups across key priority sectors. Cohort 16 was selected from over 1,300 applications, with 63 per cent of chosen startups headquartered in leading technology markets such as the USA, UK and Germany. Collectively, Cohort 16 startups have raised over $145 million (AED 532 million) in funding, averaging $4.9 million (AED 18 million) per startup. By joining…
U.S. policymakers are working to advance legislation to regulate dollar-linked stablecoins — cryptocurrencies whose value is pegged 1:1 to the greenback. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Investors are often hesitant to bet on a company turning itself around. But how about two companies? That really requires a leap of faith. Dick’s Sporting Goods, whose shares fell 14 per cent as it announced a $2.4bn swoop on Foot Locker, will need to pull off some fancy footwork, and so will one of its major suppliers: Nike. Dick’s is making a pricey bet. Its cash offer of $24 a share represents a 65 per cent premium to Foot Locker’s 90-day average,…
Considering joining one of the millions of small businesses by purchasing an established brand? Congratulations, you’re on step one to becoming a business owner! That said, while there are many benefits to purchasing an established business as a startup or entrepreneur, there are also lots of things to factor in along the way. In this article, I will take you through the steps you need to consider when buying a business in 2025, to help you decide whether or not it’s the right idea for you. Short on time? Here are the key takeaways Step 1. Find a Business to…
Stay informed with free updatesSimply sign up to the US inflation myFT Digest — delivered directly to your inbox.US wholesale prices fell the most in five years in April, with a historic drop in gauges measuring profit margins suggesting businesses have so far refrained from passing along the cost of higher tariffs.The producer price index fell 0.5 per cent month-on-month in April, according to figures published by the Bureau of Labor Statistics on Thursday, from no change in March. That was the first monthly decline since October 2023 and the biggest drop since April 2020. Economists expected a 0.2 per…
Staging your home can help you get an offer faster and get more for your home, but how much does staging cost? According to HomeAdvisor, homeowners pay between $832 and $2,926 for this service. This works out to a national average of $1,843, but your home staging cost can vary depending on your home’s location, condition, asking price, and more. Key Takeaways Staging your home involves cleaning, furnishing, and decorating the house so potential buyers can envision living in the space.Staging costs an average of $1,843, but the cost varies greatly depending on whether you stage the home yourself or…
Louvre Abu Dhabi launched a new initiative to forge innovative brand collaborations with UAE-based small and medium enterprises (SMEs). The programme is designed to celebrate the unique cultural and architectural heritage of the museum, while fostering creativity and sustainable growth within the UAE. Themed around the museum’s iconic architecture, the first edition of this initiative invites UAE-based businesses to draw inspiration from the Louvre Abu Dhabi’s design and rich cultural tapestry. The collaboration aims to create an exclusive range of innovative, high-quality products that embody the spirit of the museum and resonate with local and international audiences. These items will be available…
Remote work isn’t going anywhere, research shows Source link